Lisa Barton has been elected CEO of Alliant Energy, and current board chair and CEO John Larson has been elected as executive chairman.
Both moves were announced by Alliant Oct. 26, and will become effective Jan. 1, 2024.
Ms. Barton was also elected as a member of Alliant’s board of directors.
“Lisa is an outstanding leader, with a track record of driving strategic outcomes, making her uniquely qualified to take on the CEO role during this period in our industry,” Mr. Larsen said in a release. “The board and I are confident she will further Alliant Energy’s ability to deliver consistent results as we deliver on our purpose of serving customers and helping to build stronger communities. I look forward to working closely with Lisa in her new role.”
Ms. Barton joined Alliant Energy in February 2023 as president and chief operating officer.
“I am excited and appreciative for the opportunity to take on the role of CEO during this exciting time for our company and industry,” Ms. Barton said. “I am honored to follow John’s leadership and look forward to our continued partnership. There has never been a more exciting time to be in the industry, and it is a privilege to have the opportunity to work with our dedicated and innovative team at Alliant Energy, where we are focused on successfully delivering on our purpose of serving customers and building stronger communities.”
“The board of directors is confident that Lisa will provide excellent leadership at Alliant Energy, and working with our deep bench of leaders, continue to deliver superior value to our customers, communities and shareowners,” said Carol Sanders, independent lead director of Alliant’s board of directors. “On behalf of the Alliant Energy board of directors, I also want to thank John for his outstanding and continued leadership. His track record as CEO in delivering long-term value to customers, communities and shareowners is built upon his strong foundation of serving our company for the past 35 years. We are pleased that he is stepping into his new role as executive chairman and will continue to help shape the future direction of Alliant Energy.”
In Mr. Larsen’s new role as executive chairman, he will remain an employee of Alliant Energy and chair of the board of directors, and Ms. Barton will report to him, according to the Alliant release.
Working closely with Ms. Barton, Mr. Larsen will oversee key strategic matters important to the company, including the development of the company’s strategy, as well as legislative and investor engagement. He will remain actively engaged in key energy and economic policy matters, and with key stakeholders and in the community.
